Food prices have been steadily rising under Obama. The price of a pound of potatoes has gone up by a third, the price of a gallon of milk has increased by a fifth and the price of a 5lb bag of flour has gone up by a dollar.
Bacon was at $3.60 a lb under Bush. It’s now up to $5.60 a lb under Obama. The price of a whole frozen Thanksgiving turkey was at $1.32 a lb under Bush. It’s up to $1.81 under Obama giving Americans that much less to be thankful for this Thanksgiving.
SNIP
Obama’s FDA is considering a ban on trans fat in foods. Like incandescent bulbs and cheap free market health insurance, margarine may become one of those things that you can no longer buy anymore.
It will also mean that many other foods will either be banned, become more expensive or taste worse.
Reminds me of some of the earliest campaign ads on TV I remember. Like 1972, when they showed various food items, and a voice said, "Since Mr. Nixon became president, the price of frozen fish (one example) has gone from 69 cents a pound to a dollar twenty-nine a pound...ask yourself: Can we afford 4 more years of Mr. Nixon?"
I have my doubts if our Boy thought the idea was so "ridiculous" then.
I knew enough about economics even then to know it was not Nixon's fault. It is simply statements for the economically stupid and politically gullible.
Report: Increased regs under Obama have hiked consumer prices by $11,000
Consumer prices have increased by more than $11,000 for the "typical" consumer since President Obama took office, according to a new study which claimed the spike is the result of dozens of regulations imposed by the administration.
Ask yourself: Has your household and other expenditures increased by $11,000 since 2009?
Article cites the price of new cars went up $91 because of increased fuel efficiency standards imposed in 2011. OK, maybe...but the savings in fuel costs in three years has already paid for that increase.
Same thing with the claim that dishwashers have gone up $44 and refrigerators went up $83. (Lots of efficiency regulations were updated in the Bush years. Yes, passed by a Dem controlled House, but Bush signed them into law.) It is estimated that a new, efficient refrigerator will save the average person about $90 PER YEAR in electricity savings, more than off-setting the increase.
You ignore the common sense fact that, if one doesn't buy that particular product, they are not affected by the price increase.
If they buy them all, it will cost them $11,000 more.
But almost all Americans are hit by one or more of the increases.
The fact is that all of those price increases can be linked directly to new government regulations enacted under the Obama administration.
Let's be precise--Article states "typical consumer" has been affected by price increases totalling $11,000. A typical consumer is not going to buy all the things on the list. The article says nothing about needing to buy every item on the regulation list. (But your assumption that they must buy them all is likely true.)
Especially the ObamaCare increases in health costs.
No, not the totality of all those price increases. But surely a portion of all those price increases can be attributed to the regulations. The problem is the study ignores the benefits reaped of increased efficiencies because they want to rail at Obama. I also notice there is no link to the actual study.
No matter what Obamma does the radical leftists will support it.
Here is Crabbie who has been bragging for years how he feeds the poor and downtrodden saying like Marie Antoinette
"Let them eat Cake"!
What hypocrisy.